Identity Verification Drive Revenue. Deter Fraud. Meet Compliance. Doing business in a customer-not-present environment provides not only significant revenue opportunities, but also a lot of risk. Knowing you are dealing with a legitimate, real person substantially minimizes these risks and also gives you the opportunity to drive more revenue without worrying about fraud.
Advantages You Can Expect:
• Drives revenue through faster transaction approvals • Decreases costs through reduced manual review processes • Promotes customer privacy and protects your business from fraud • Provides flexible control for businesses to change rules and criteria settings • Helps you meet compliance regulations • Improves customer satisfaction by requiring minimal personal identifying information
What is ExpectID? ExpectID offers a safe, reliable way to validate an identity to ensure transactions move forward quicker and without manual intervention. Through a fast, behind-the-scenes process, ExpectID uses information you collect during a transaction, requiring as little as a customer name and address, and validates it with billions of trusted data sources. You have the flexibility to also include date of birth and/or the last four digits of the Social Security Number during a search.
Prevent Fraud • Receive more information than ambiguous numerical scores • Detect discrepancies with an identity • Gain better insight into the risks associated with an ID • Dynamic decisioning to identify and deter fraudulent activities
Meet Compliance Regulations
CIP
OFAC
FFIEC
280 Interstate North SE, Suite 610, Atlanta, GA 30339
Schedule a Demo Today! Contact info@IDology.com or call 866.520.1234
www.IDology.com
Identity Verification ExpectID Overview How ExpectID Works
ExpectID goes beyond simple data matching. Our search logic and verification process is surrounded by a deep set of analytics to help spot and stop fraud. This is all done behind the scenes ensuring a seamless transition and smooth customer expierence.
Step One: Basic customer information, such as name & address, is input into the system. You also have the option to enter Date of Birth or Social Security Information.
Step Four: Depending on the results and your business rules, the transaction can be approved, failed or escalated to a KBA question session through IDology’s Expect ID IQ.
Why ExpectID? Rules-Based Technology - YOU Control All the ExpectID products are based on an innovative and flexible point-and-click technology which lets YOU define how identity results are presented. Businesses can define their own criteria and automatically escalate the verification to a secondary level in order to complete the pending customer transaction.
Step Two: ExpectID conducts an analytical search on billions of trusted data sources to return a result, including any identity discrepancies it finds.
Step Three: The returned identity is checked for fraudulent activity, applying a deep set of fraud detection analytics to help minimize risk and loss.
Responsible Data Use Because the identity verification process is not based on sensitive information such as social security number, your customers are comfortable with the amount of information they are required to share. Additionally, your employees only see the logical results determined from our patent-pending verification process thus shielding your company from any data misuse by an employee.
Superior Performance IDology’s infrastructure is connected to multiple backbone providers to ensure that you have maximum uptime and superior performance. • Real-time verification • High locate rates, including young and new-in-country • Easy implementation • Flexible configuration
Build even more consumer confidence by letting your customers know that you protect and maintain their customer privacy when processing transactions! Displaying IDology’s IDVerified seal on your website helps gain the trust of online customers and conveys the steps you take to make your business safe for everyone.
Dynamic Decisioning • Comprehensive and robust reporting • Ability to analyze processes and make immediate changes • Customize reports specific to your needs • Permission-based access
280 Interstate North SE, Suite 610, Atlanta, GA 30339
Schedule a Demo Today! Contact info@IDology.com or call 866.520.1234
www.IDology.com